The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'
'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
Makers of spirits, beer, and wine are working to identify new markets of growth as two of the industry's biggest liquor markets, Maharashtra and Telangana, remain embroiled in taxation and payment issues.
'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.'
While many areas compete for resources, defence, education, and adaptation deserve focus for maximum impact, suggests Laveesh Bhandari.
Maharashtra Deputy CM Eknath Shinde launched a veiled attack on Uddhav Thackeray, invoking characters from a film to criticize Thackeray's leadership and policies ahead of upcoming municipal elections. Shinde highlighted government initiatives and defended his position, while also criticizing the opposition's performance.
The sources declined to specify the number of drones the Navy plans to acquire but said the focus is now on manufacturing the MK-II in India through partnerships with Hindustan Aeronautics Limited (HAL) and Elcom.
In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.
However, these are understood to be exploratory talks, with an agreement unlikely to be formalised during the current visit.
A Delhi court acquitted a Brazilian national in a 2016 cocaine seizure case, citing the prosecution's failure to comply with mandatory provisions of the NDPS Act.
When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.
'The prime minister didn't come to Parliament.' 'But the BJP MP is charging that you wanted to assault the prime minister.' 'Only a person who has the intellect and ideology of the BJP can come up with such bizarre charges.'
The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.
A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.
The Indian Army is conducting field trials of several cutting-edge defence systems under 'near-combat conditions', integrating electronic warfare simulations, to assess their performance rigorously, officials said on Saturday.
Since India relies heavily on specialised imported fasteners for critical applications in industries, such as automobiles, aerospace, electronics, and defence, their sudden unavailability will jeopardise production.
INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously.
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.
Army Chief General Upendra Dwivedi emphasized the importance of indigenous equipment for the Indian Army, highlighting the force's modernization efforts and readiness for future warfare.
After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.
Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.
India's premier defence research organisation DRDO has awarded seven new projects to private entities to develop key military assets including underwater launched unmanned aerial vehicle and long-range remotely operated systems.
'This policy is a vision to position Karnataka as the epicentre of India's space ambitions'
Besides his batting, he was just as exceptional behind the stumps, taking some really clean catches to prove his mettle as one of the best glovesmen in world cricket right now.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
This is seen as the first concrete opportunity to break HAL's monopoly in combat aircraft manufacturing, potentially opening the door to a private-sector fighter jet producer.
Hindustan Aeronautics Ltd (HAL) expressed deep sorrow over the death of an Indian Air Force pilot, Wing Commander Namansh Syal, in a Tejas aircraft crash during an aerial display at the Dubai Air Show. The incident involved the indigenous Light Combat Aircraft (LCA) Tejas and marked the second crash involving a HAL-manufactured aircraft in 20 months.
After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.
Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September this fiscal year, while the inflow from the US more than doubled to $6.62 billion during the first half of this fiscal, according to government data released on Monday. Foreign Direct Investment (FDI) during April-September FY24 stood at $29.79 billion.
This is the fourth peacetime crash of an IAF jet in 2025 so far.
There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.
According to an international media report, the jet crashed in the afternoon local time while flying a demonstration flight at the prestigious air show.
